Traders work on the floor of the New York Stock Exchange, Friday, Aug. 1, 2025, in New York. (AP Photo/Yuki Iwamura) NEW YORK,United States — Oil prices rose and stock markets moved unevenly on

Oil prices climb as U.S.-Iran talks stall and the Strait of Hormuz remains blocked, raising risks of tighter supply, falling inventories and further price spikes.

Brent crude rises more than 2 percent after Washington and Tehran fail to hold second round of talks in Pakistan.